CyberCube has released an updated version of its cyber risk modelling platform, Account Manager. Incorporating a revamp of its scoring methodology and a broader collection of threat information, the solution now evaluates risks through the lens of security and exposure from an insurance perspective.
Underwriters can now define their risk tolerance and use these scores to standardise and automate the underwriting process.
Morgan Hervé-Mignucci, the firm's director of cyber risk modelling, said: “It’s important to update Account Manager because cyber is such a dynamic peril, so we need to reflect the most up-to-date landscape we can. We have sourced and curated signals related to the digital supply chain, web traffic hygiene and common software vulnerabilities as a part of the new edition of the product. We have also revised our scoring algorithms to include new risk factors to help underwriters select, differentiate, and price risk in a robust fashion.”
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